Patanjali Foods Q1 profit down 31% to Rs 180 cr

New Delhi: Patanjali Foods Ltd on Thursday reported a 31 per cent decline in consolidated net profit to Rs 180.35 crore in the June quarter due to higher expenses.

Its net profit stood at Rs 262.72 crore in the year-ago period.

Total income rose to Rs 8,912.69 crore in the April-June period of the 2025-26 fiscal year from Rs 7,202.35 crore in the corresponding period of the preceding year, according to a regulatory filing.

During the June quarter, there was an increase in other expenses, primarily on account of the spends on advertisements.

"Effective May 31, 2025, basic customs duty on crude palm, sunflower, and soybean oils dropped to 10 per cent. This impacted the edible oil demand in Q1, FY26," the company said.

Patanjali Foods is one of the major players in edible oils.